Thursday, Apr 25 2024 | Time 07:25 Hrs(IST)
image
Business Economy


India INX registers record Rs 8112.58 crores daily turnover of its Derivatives segment

India INX registers record Rs 8112.58 crores daily turnover of its Derivatives segment

Mumbai, Sep 25 (UNI) BSE-promoted India International Exchange (India INX) today said it has achieved a major milestone on September 24, 2018 when the daily trading turnover (volume) of its Derivatives

segment crossed Rs 8112.58 crores-mark (USD 1.12 billion).

Trading volume on the BSE’s India International Exchange has been growing exponentially ever since it commenced trading activities on January 16, 2017, a BSE release said.

Its daily trading volumes have crossed USD 500 million regularly over the last few months.

The cumulative trading turnover has crossed the Rs 7,47,173.58 crores (USD 102.79 billion) mark driven by a substantial jump inmarket participation. This increased trading activity validates the new products and initiatives taken by India INX and reflectincreasing interest in the IFSC among the broking fraternity.

An arm of BSE,India INX, is the first international exchange of India (IFSC) located at Gujarat International Finance Tec-City (GIFT City).

UNI JS NV SY 1646

More News

NSE launches derivatives on Nifty Next 50 Index

24 Apr 2024 | 9:16 PM

Mumbai, Apr 24 (UNI) National Stock Exchange of India Ltd (NSE), the world’s largest derivatives exchange for consecutive fifth year in a row in the year 2023 based on contracts traded as published by FIA, launched futures and options contracts on the Nifty Next 50 Index on Wednesday.

see more..

KABIL signs MoU with CSIR-NGRI for geophysical investigations

24 Apr 2024 | 7:47 PM

Bhubaneswar, April 24 (UNI) Khanij Bidesh India Limited (KABIL) has signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research - National Geophysical Research Institute (CSIR-NGRI) to foster a long-term collaboration in the field of geophysical investigations to bolster its ongoing projects and activities in critical and strategic minerals.

see more..

Dish TV revolutionises entertainment with ‘Dish TV Smart+’ services

24 Apr 2024 | 7:31 PM

Kolkata, Apr 24 (UNI) Dish TV has taken a path-breaking initiative to redefine the entertainment experience in India.

see more..

TRAI recommends sharing of active, passive infra by telecom providers

24 Apr 2024 | 7:03 PM

New Delhi, April 24 (UNI) With a view to improve quality of services and reducing cost, the telecom regulator TRAI on Wednesday recommended sharing of active and passive infrastructure among telecom service providers, a move that would help setting up network quickly across the nation.

see more..

REC to provide loan of Rs 1869 cr to Chenab Valley Power Project in J&K

24 Apr 2024 | 6:38 PM

New Delhi, April 24 (UNI) State-owned non-banking finance company REC Limited has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which it will provide financial assistance of Rs 1,869.265 crore as a term loan.

see more..
image